ThetaRay

Procurement Specialist (Part-time)

ThetaRay  •  Hod HaSharon, IL (Onsite)  •  1 month ago
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Job Description

About ThetaRay

ThetaRay is not just another fintech company - we are global pioneers in AI-driven Anti-Money Laundering (AML) technology, redefining how financial institutions detect threats and secure their operations. Our solutions enable secure growth and regulatory compliance through advanced AI that goes beyond the obvious.

Why Join ThetaRay?

We are looking for a Part-time Procurement Specialist with a strong commercial mindset, hands-on approach, and the ability to lead vendor engagements. This is a high-impact role influencing cost, efficiency, and the company’s ability to move fast and smart.

Tasks & Responsibilities

• Manage end-to-end procurement processes - from purchase request to deal closure

• Lead negotiations with vendors - pricing, commercial terms, and service levels (SLA)

• Source new vendors and perform benchmarking

• Work hands-on with ZIP (ZipHQ) for procurement workflows and approvals

• Monitor and control spend - identify cost-saving opportunities

• Work closely with Finance, IT, and business teams

• Review and manage commercial aspects of vendor agreements

• Ensure compliance with procurement policies and internal controls

• Drive process improvements and operational efficiency

Requirements

• 2–4 years of experience in procurement - required

• Proven experience in vendor negotiations - required

• Experience with procurement systems - experience with ZIP (ZipHQ) is a strong advantage

• Experience working with commercial agreements and supporting contract processes with Legal teams

• Experience working with cross-functional teams (Legal, IT, Security, Finance)

• Excellent interpersonal skills and the ability to work effectively with senior management and stakeholders

• Strong commercial mindset with cost optimization focus

• Assertiveness, independence, and ability to drive processes

• Ability to work in a dynamic environment and manage multiple priorities

• Fluent in English

ThetaRay

About ThetaRay

ThetaRay is transforming the way financial institutions detect and combat financial crime through the power of 𝗖𝗼𝗴𝗻𝗶𝘁𝗶𝘃𝗲 𝗔𝗜.

In a world where traditional, rule-based systems have failed to distinguish between good and bad actors —and where financial crime is increasingly pervasive—our solutions provide the much-needed remedy. We empower financial institutions to confidently grow their businesses, build trust with customers and regulators, and minimize their risk of financial crime.

The financial industry has been blinded by outdated, rule-based systems that created bottlenecks and increased compliance costs. These systems incorrectly flagged legitimate customers while missing the majority of financial crime, stifling growth and delivering poor customer service.

Our 𝗖𝗼𝗴𝗻𝗶𝘁𝗶𝘃𝗲 𝗔𝗜 solutions—driven by dynamic data analysis and machine learning—not only focus on identifying criminals but also on accurately recognizing the good customers and businesses that you rely on to thrive.

By leveraging the latest advancements in AI, we can detect the undetectable, uncover hidden connections, and make smart, data-driven decisions—enabling you to onboard customers confidently, reduce operational costs, improve customer experiences, and unlock opportunities worldwide.

ThetaRay is redefining success in the financial industry. Our Cognitive AI empowers you to thrive while ensuring financial crime is detected and blocked with unmatched accuracy. We believe the key to global financial prosperity and trust lies in identifying legitimate players while making it impossible for criminals to hide.

ThetaRay is the future of financial crime compliance, creating a safer, more efficient financial world.

Industry
IT & Software
Company Size
201-500 employees
Headquarters
New York
Year Founded
2013
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